Markets are ramping up bets on interest rate cuts after the US president sparked a trade war and fears of global recession.
“On the one hand the economy could do with stimulus, but on the other inflation is rising. Seeing as the OBR and Bank of ...
The Bank of England has left itself the option to “skip” an interest rate cut later this year, economists have said, after ...
The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.
Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.
As the Bank holds interest rates, our cost of living correspondent Kevin Peachey is answering your questions live.
Prices in the UK rose by 2.8% in the 12 months to February, less than in the previous month but still above the Bank of ...
The Bank of England left its interest rate on hold at 4.5% today. The Bank’s Monetary Policy Committee (MPC) voted by a majority of 8 to 1 to keep the cost of borrowing unchanged despite the UK’s ...
The base rate influences what you're charged to borrow money - for example, if you have a mortgage or loan - as well as the ...
The Bank of England has kept the central interest rate at 4.5%, with policymakers warning of increased uncertainty over global trade due to new US tariffs. Eight of the nine members of the Bank's ...
LONDON (AP) — The Bank of England kept its main U.K. interest rate unchanged at 4.50% on Thursday even though the economy is ...
Bank of England interest rate setter Megan Greene said on Tuesday that she was concerned by increases in the public's ...